Annual Statement of Changes in Beneficial Ownership (5)

FORM 5

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
[ ] Form 3 Holdings Reported
[ ] Form 4 Transactions Reported

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* HOVNANIAN ARA K	2. Issuer Name and Ticker or Trading Symbol HOVNANIAN ENTERPRISES INC [HOV]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __ X __ Director __ X __ 10% Owner __ X __ Officer (give title below) _____ Other (specify below) Chairman of Bd., Pres. & CEO
(Last) (First) (Middle) 110 WEST FRONT STREET	3. Statement for Issuer's Fiscal Year Ended (MM/DD/YYYY) 10/31/2017
(Street) RED BANK, NJ 07701 (City) (State) (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _ X _ Form Filed by One Reporting Person ___ Form Filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)	4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	12/23/2016		W ⁽¹⁾	1705259.0000	D	$0.0000	0.0000	I	Held by executors for the Estate of Kevork S. Hovnanian ⁽²⁾
Class A Common Stock							3057965.0000	D
Class A Common Stock							3075138.0000	I	Held as trustee of the 2012 Marital Trust ⁽³⁾
Class A Common Stock							194169.8000	I	Held as trustee of trust for Reporting Person's family ⁽⁴⁾
Class A Common Stock							224906.8000 ⁽⁵⁾	I	Held as trustee of trusts for Esther K. Barry's family ⁽⁶⁾
Class A Common Stock							226406.8000 ⁽⁵⁾	I	Held as trustee of trusts for Lucy K. Kalian's family ⁽⁷⁾
Class A Common Stock							224656.8000 ⁽⁵⁾	I	Held as trustee of trusts for Nadia K. Rodriguez's family ⁽⁸⁾
Class A Common Stock							226406.8000 ⁽⁵⁾	I	Held as trustee of trusts for Sossie K. Najarian's family ⁽⁹⁾
Class A Common Stock							18000.0000	I	Held by Ara K. Hovnanian Family 1994 long-term trusts ⁽¹⁰⁾
Class A Common Stock							6700.0000	I	Held by daughter Serena
Class A Common Stock							89099.0000 ⁽⁵⁾	I	Held by trusts for Esther K. Barry's family ⁽¹¹⁾
Class A Common Stock							103319.0000 ⁽⁵⁾	I	Held by trusts for Lucy K. Kalian's family ⁽¹²⁾
Class A Common Stock							18000.0000 ⁽⁵⁾	I	Held by trusts for Nadia K. Rodriguez's family ⁽¹³⁾
Class A Common Stock							18000.0000 ⁽⁵⁾	I	Held by trusts for Sossie K. Najarian's family ⁽¹⁴⁾
Class A Common Stock							16700.0000	I	Held by wife

*Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (MM/DD/YYYY)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:
(1)	On December 23, 2016, the executors of the estate of Kevork S. Hovnanian transferred 1,705,259 shares of Class A Common Stock, par value $.01 per share, non-cumulative ("Class A Common Stock") to Sirwart Hovnanian pursuant to the terms of the Will of Kevork S. Hovnanian, deceased
(2)	Held by Sirwart Hovnanian, Ara K. Hovnanian, Sossie K. Najarian, Esto K. Barry, Lucy K. Kalian and Nadia K. Rodriguez, Executors of the Estate of Kevork S. Hovnanian, Deceased (the "Executors"). The reporting person is special purpose Executor with respect to investments in securities of the Issuer.
(3)	Held by the 2012 Marital Trust, of which the reporting person is a trustee and has a potential remainder interest, through a limited liability company interest in the Hovnanian Family 2012 L.L.C. (the "2012 LLC")
(4)	Held by Ara K. Hovnanian 2012 Trust, of which the reporting person is trustee, through a limited liability company interest in the 2012 L.L.C.
(5)	The Reporting Person disclaims beneficial ownership of these securities except to the extent of his potential pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of the beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose
(6)	Held by trusts for the benefit of the family of Esther K. Barry, of which the reporting person is a trustee and has a potential remainder interest, including shares held through a limited liability interest in the 2012 LLC
(7)	Held by trusts for the benefit of the family of Lucy K. Kalian, of which the reporting person is a trustee and has a potential remainder interest, including shares held through a limited liability interest in the 2012 LLC
(8)	Held by trusts for the benefit of the family of Nadia K. Rodriguez, of which the reporting person is a trustee and has a potential remainder interest, including shares held through a limited liability interest in the 2012 LLC
(9)	Held by trusts for the benefit of the family of Sossie K. Najarian, of which the reporting person is a trustee and has a potential remainder interest, including shares held through a limited liability interest in the 2012 LLC
(10)	Held by The Ara K. Hovnanian Family 1994 Long-Term Trust, of which the reporting person is trustee
(11)	Held by The Esther K. Barry Family 1994 Long-Term Trust, of which the reporting person is a trustee and has a potential remainder interest
(12)	Held by The Lucy K. Kalian Family 1994 Long-Term Trust, of which the reporting person is a trustee and has a potential remainder interest
(13)	Held by The Nadia K. Rodriguez Family 1994 Long-Term Trust, of which the reporting person is a trustee and has a potential remainder interest
(14)	Held by The Sossie K. Najarian Family 1994 Long-Term Trust, of which the reporting person is a trustee and has a potential remainder interest

Remarks:
The Reporting Person no longer has a reportable beneficial interest in the Class A Common Stock owned by his son that were included in the Reporting Person's prior Section 16 ownership reports.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
HOVNANIAN ARA K 110 WEST FRONT STREET RED BANK, NJ 07701	X	X	Chairman of Bd., Pres. & CEO

Signatures
Nancy A. Marrazzo Attorney-in-Fact		11/30/2017
^** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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